External Debt and Economic Growth in Tunisia

被引:6
|
作者
Abdelhafidh, Samir [1 ]
机构
[1] Univ Carthage, Ecole Polytech Tunisie, Carthage, Tunisia
关键词
External debt; Economic growth; ARDL; Tunisia; COINTEGRATION;
D O I
10.2298/PAN1406669A
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the external debt effect on economic growth in Tunisia. Our empirical methodology is based on the autoregressive distributed lag approach. We find that in the long- as well as in the short-run, external debt had a negative effect on growth over the 1970-2010 period. The long-run effect was slightly higher in the period before the Ben Ali's presidency than in the period after. However, during his period, the external debt short-run effect was the double of that observed during the period before. These results suggest that an external debt reduction should favor economic growth in Tunisia.
引用
收藏
页码:669 / 689
页数:21
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